Question
A ten-year, inflation-indexed bond has a par value of $10,000 and a yearly coupon rate of 6.5 percent.During the first six months since the bond
A ten-year, inflation-indexed bond has a par value of $10,000 and a yearly coupon rate of 6.5 percent.During the first six months since the bond was issued, the inflation rate was 2.3 percent.Based on this information, the coupon payment after six months will be _________.
$699.26
$332.48
$664.95
$349.63
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
470571439, 470571438, 9781118364123 , 978-0470571439
